Market News – Page 4 – WORLD CRYPTO BUSINESS

Terra Classic Soars as Binance Appeases Crypto’s Lunatics

[ad_1] Key Takeaways Terra Classic’s LUNC token is up 35% today. The surge follows an announcement from Binance, detailing a plan to burn LUNC trading fees. Terra Classic introduced a 1.2% burn... Read more »

Can the Aptos NFT Scene Compete With Ethereum’s?

[ad_1] Key Takeaways Three NFT marketplaces are competing for trading volume on Aptos, despite the blockchain only launching last week. The leading platform, Topaz, claims to have made over $1.8 million in... Read more »

Bitcoin Slides Below $20,000 as S&P 500 Breaks Down

[ad_1] Key Takeaways Bitcoin surged past $20,000 today, but then erased its gains. The top cryptocurrency’s price action was likely influenced by a downward move from the S&P 500. Bitcoin and other... Read more »

Reddit Avatars Explained: Why Are These NFTs Soaring in Value?

[ad_1] Key Takeaways Reddit Collectible Avatars have taken the social media site by storm. By never mentioning NFTs or even cryptocurrency explicitly, Reddit has managed to onboard millions of users. Reddit seems... Read more »

FTT Tanks 28% as FTX Exchange Struggles to Process Withdrawals

[ad_1] Key Takeaways FTX’s FTT token has broken critical support at $21. The downward move was spurred by a loss of confidence in the FTX exchange. FTX users have been withdrawing funds... Read more »

Binance and FTX Face Off—But Which Crypto Exchange Will Come Out On Top?

[ad_1] Key Takeaways Binance founder and CEO Changpeng “CZ” Zhao revealed Sunday his company would liquidate its exposure to FTX’s FTT token. Zhao’s move may be influenced by revelations that the FTX-affiliated... Read more »

Solana Ecosystem Imploding in Wake of FTX Collapse

[ad_1] Key Takeaways The Solana ecosystem is suffering from the recent news and rumors of insolvency surrounding FTX and Alameda Research. SOL is down 45% at the time of writing. Data reveal... Read more »

FTX and Tron Have Launched a Highly Suspicious Withdrawal Scheme

[ad_1] Key Takeaways FTX is enabling its users to withdraw their funds, but only if they buy select tokens from the Tron network. These tokens—TRX, BTT, JST, SUN, and HT—are trading at... Read more »

Crypto’s Volatile Week Continues as Inflation Softens to 7.7%

[ad_1] Key Takeaways Inflation has registered a 7.7% increase year-on-year in October. The figure is 0.2% less than the analyst expectation of a 7.9% increase. The crypto market has bounced on the... Read more »

FTX Is Bust and Crypto Is Plummeting. What Happens Next?

[ad_1] Key Takeaways Binance has signaled that it plans to acquire FTX as the younger exchange battles a “liquidity crunch.” Crypto prices are plummeting in the fallout from the bombshell announcement. FTX’s... Read more »